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North American Grains/Oilseed Review – Canola Dips With Technicals, US Soy

By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, May 26 (CNS Canada) – ICE Futures Canada canola contracts ended lower on Friday, weighed down by losses in the US soy complex. The Canadian dollar was slightly stronger relative to its US counterpart, which made canola less attractive to out-of-country buyers. Large funds […] Read more

Prairie CWRS bids tick higher with U.S. futures

Cash CPSR values turned downward on the week, as did Kansas City wheat futures

Hard red spring wheat bids in Western Canada ticked higher during the week ended May 19, propped up by supportive action in U.S. futures. Depending on the location, average Canada Western Red Spring (CWRS) wheat prices were up by as much as $1 in the Prairie provinces, according to price quotes from a cross-section of […] Read more



Heap of soybeans, close up, full frame

U.S. soybean futures drag ICE canola contracts lower

Manitoba is furthest ahead in Prairie spring seeding

ICE Futures Canada canola contracts held rangebound for most of the week ended May 19, but trended lower overall as larger losses in the Chicago soy complex put some pressure on values. Crop reports put out by all three Prairie provinces during the week showed a mixed bag when it comes to seeding progress. Manitoba […] Read more


ICE Canola Trends Lower with Technical Signals, US Soy

By Dave Sims, Commodity News Service Canada WINNIPEG, May 26 – Canola contracts on the ICE Futures Canada platform were weaker at 10:42 CDT on Friday, following declines in the US soy complex and bearish technical signals. “The funds are sitting on their hands and the technicals have turned flat to negative,” said a trader […] Read more


ICE canola continues lower heading into weekend

By Phil Franz-Warkentin, Commodity News Service Canada WINNIPEG, May 26 (CNS Canada) – ICE Canada canola contracts were weaker Friday morning, seeing some follow-through selling after Thursday’s break below nearby support. Losses in the Chicago Board of Trade soy complex and other outside vegetable oil markets put some additional pressure on canola, according to participants. […] Read more



Prices remain firm as buyers seek grass cattle

Beef demand is seen steady leading up to Father’s Day

Prices for cattle at Manitoba auction yards stayed relatively firm amid declining volumes. Around 4,600 animals made their way through the rings during the week ended May 19, down from 7,500 the week before. There was some softening on heavier-weight steers, while lower-weight animals held their own and ticked higher in a few cases. “The […] Read more


ICE Canola Weakens with CDN Weather Forecasts, US Soy

By Dave Sims, Commodity News Service Canada WINNIPEG, May 25 – Canola contracts on the ICE Futures Canada platform were slightly lower at 10:35 CDT on Thursday, due to losses in soybeans and favourable weather forecasts for much of Western Canada. There are ideas some US farmers may be preparing to swap out acres intended […] Read more


ICE canola mixed in sluggish trade

By Jade Markus, Commodity News Service Canada WINNIPEG, May 25 – ICE Canada canola contracts were mixed in low-volume trade in early activity on Thursday. Deferred contracts were gathering spill-over support from advances in US oilseed markets. Chicago Board of Trade soybeans and soy oil strengthened Thursday morning, underpinned by adverse seeding weather in the […] Read more

North American Grains/Oilseed Review – Canola Dips With Currency Issues

By Dave Sims and Jade Markus, Commodity News Service Canada Winnipeg, May 24 (CNS Canada) – ICE Futures Canada canola contracts finished slightly lower on Wednesday, weighed down by bearish action in the Canadian currency. The Canadian dollar was roughly half a cent stronger compared to its US counterpart, which made canola less attractive to […] Read more